# Leaderboard

The Helix Profit and Loss (PNL) Leaderboard ranks the top traders based on realized trading PNL across four durations:

* **Today**: Starts at 00:00 UTC each day.
* **This Week**: Begins at 00:00 UTC on Monday.
* **This Month**: Starts at 00:00 UTC on the first day of the current month.
* **All Time**: Tracks realized PNL since August 1, 2024.

### **How the Leaderboard Works**

* **Eligibility**: Connected wallets appear on the Leaderboard only if their PNL clears a dynamic hurdle set by the top traders' performance. Wallets with negative PNL, PNL below the hurdle, or no PNL will not see their rank until profitable trades exceed the hurdle.
* **Updates**: The Leaderboard refreshes every hour on the hour.
* **Inactivity**: Wallets with extended inactivity or trades predating the Leaderboard's start may not be ranked.

### **Key Notes**

* **For Reference Only**: Leaderboard figures are for vanity purposes and trading competitions. Figures on the PNL Leaderboard **are not** a substitute for thorough tax reporting calculations.
* **Spot Markets**:
  * Only spot trades made after the Leaderboard launch count toward PNL.
  * PNL is calculated using the **First In, First Out (FIFO)** method.
* Purchases made before the Leaderboard went live do not count toward PNL, even if sold afterward.
* **Derivatives Markets**:
  * Realized PNL is calculated for each trade when it is closed, based on emitted trade logs.
  * Totals from individual trades are aggregated and added directly to the Leaderboard PNL.
  * Adjustments for scenarios like liquidations or funding payments are included in the PNL calculation.


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